We want to be numero uno in the world: Rajmal Mehta

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Ambitious, hardworking and a visionary to the core, Mr Rajmal Mehta, the chairman of Parle Global Technologies Ltd, established a small set up in 1974 for the manufacture and supply of tablet compression tools in Mumbai. With maximum utilisation of available internal resources and reinvestment of profits to purchase high precision machines as well as recruitment of trained manpower, the company continued to grow organically year after year.

To meet ever increasing needs of the industry, Parle group also forged strategic alliance with some of the well-known pharmaceutical engineering companies from South Korea, Germany, Italy, Japan, Switzerland, UK etc. A joint venture with Elizabeth Carbide, USA who are the world leaders in the field of tablet compression tools, spare/change parts for blister packing machines and ultra-modern tablet presses further consolidated Parle’s position in the market.

The company also teamed up with Kovai Pharma to form Parle Kovai Machinery Pvt Ltd, a joint venture company to manufacture machines to cater to the cosmetics, F&B and pharmaceutical market. Kovai Pharma has manufactured and installed over 800 various form of fillers and various integrated systems in an over 25 countries. Through constant innovations and interactions with the esteemed clients located at both local and global level, the 500 personnel strong group has managed to register annual turnover of nearly Rs 200 crore.

Speaking to Bhalchandra Chorghade, the editor of CNCTimes, Mr Rajmal Mehta shares his thoughts and future plans in his endeavour to make the group a name to reckon with in the future.

How was your journey during these 40 years?

Ever since I started the company, I maintained that we should be different from others and should always have one plus. Many people told me that you have a monopoly business so sustainance will not be a problem for you. But I told them that there is no monopoly business as such since it is the quality of your product, its timely delivery and prompt service is something that gives you that one plus. I have always tried to maintain that and today also the company has been known for the same. We have to judge as to what people are looking for. If it is delivery than the quality, then we have to see to it that the delivery is on time. Same is the case with service so we have to see to it that we meet the customers’ demands and earn that extra one. It is impossible for anyone to meet all the criteria and get 100 percent satisfaction since customers always want something extra and we have to live up to their expectations.

What is your vision for the company?

My vision is very simple—to be on top of the world. And we will go all the way to achieve this. We will not diversify since if we do that, we will not be able to meet our goal. We have the potential and commitment to be the global leaders in next 4-5 years.

Are you satisfied with your achievements?

Yes, I am satisfied. But I have not achieved everything and so we are not the world leaders today. We are yet to achieve many things and I am confident that with the help of my young team, the day is not far when we would be proudly calling ourselves as world no 1. Ours is a young team that has that urge, zeal, respect and attachment for the company as also the internal inertia to reach the greater heights. They are working towards vision of the company and I am confident that they will take the company to its desired destination.

Suppose you reach the top, then what next?

It is difficult to be numero uno, but it is more difficult to maintain that position. That is possible only through hard work. We have to work harder than others to maintain that position. We started from a simple machine and gradually conquered the Mumbai market, then the country. But now we have to conquer the world and to make that dream come true, we will have to put in extra efforts. I don’t think this is impossible since every penny earned is first utilised for company’s growth. For all our employees, the company is supreme and they want to grow with it. Their commitment is laudable and always appreciated.